December 2024 Savings, plus round up

I’d say ‘Happy New Year’ but we’re past that now, aren’t we? 🙂

Being back at work and with it not being as quiet as I had hoped, I found it hard to face  my laptop outside of work hours, so apologies for the lateness of this post.

I was actually in the gym on New Year’s Eve and out litter-picking on New Year’s Day morning – starting as I mean to go on!

Anyway, let’s just get the numbers out of the way for 2024!

I saved 21.5% of my net salary – more than I expected, which I’m surprised at.

The above includes £43.26 from doing Prolific surveys.

Shares and Investment Trusts

No new investments, I just topped up existing ones.

Current share/IT portfolio can be found here.

(Entire portfolio here)

Future Fund 

Santa didn’t show up for his rally but wasn’t so mean in the end. As at 31st December 2024, my Future Fund stood at £293,212.02.  That’s a 17% increase from this time last year (that’s 17% including money I’ve added as well as investment gains).

Here’s how it all looks at the end of another year:

Was tempted to have the submarine make an appearance but it’s not that bad!

 

This year will see me breaching the £300k milestone soon!

Using unitization, I’m up just 10.3% this year across my entire portfolio – that’s investments, cash/premium bonds, everything. This figure includes my dividend income portfolio, where many of the UK stock prices continue to remain fairly depressed rubbish.

This is nothing spectacular investment-wise, I’m sure other investors can brag about much bigger gains and I’m happy for them, but happier for me that I’ve got these gains. Go me!

Am I hopeful for 2025?  I’m always hopeful but somehow, I don’t think this year will be quite as good as the last one – just have a feeling that there’s some other global event or disaster just round the corner which will disrupt markets again.

Dividends and Other Income

A great final month for dividends:

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Home Brew #9

I can’t believe I’ve left it so long to get back to home brewing my own beer – my last batch was over a year ago!

Home brewing was a hobby which I took up back in September 2014 because I wanted to do something different, which would not only give me joy but save me some money  – it’s a fact that when I have home brew in the house, I spend far less or nothing on alcohol for home consumption. It isn’t an easy hobby but I think because of this, it’s a very satisfying one.

I only brew all-in-one premium kits, and the kit I made this time was Festival Razorback IPA.  This was probably the first kit I’ve attempted where I was a little concerned that I’d done something wrong.

After three days, fermentation still hadn’t started and I thought that I’d messed up with the water temperature, ie too hot, destroying the yeast and I dreaded the possibility of having to pour the whole lot down the drain.

Turned out it was the other way round, my kitchen was so cold that the mix had dropped to too low a temperature for the yeast to do its stuff, so as well as using a brew belt to increase the temperature, I wrapped an old winter coat round the tub and piled towels on top and that did the trick!

The kit produced 40 bottles (20 litres/35 pints) and cost £26.50.  So not accounting for the time spent doing the actual brewing, the cost of these beers work out at £0.66 per 500ml bottle or £0.76 a pint! Definitely happy hour! 🙂

Bit darker than the picture on the box!

Alcohol strength at over 5.5% is probably on the high side compared to what I usually drink but it still goes down easily! A good hoppy flavour, and this despite me not following the instructions exactly and leaving the hops in for just 4 days instead of the recommended 10 days, as I didn’t want to overdo the bitterness. From start to finish, this brew took just over 2 months before it was ready to drink and is likely to get better with time (that’s if I don’t drink them all quickly, haha!).

Obviously it’s nowhere near the quality of say BrewDog but it’s a decent beer with the important quality being that it pours with a good frothy head, which doesn’t disappear after a few minutes and which sticks to the side of the glass as you down the drink, just like a real pint you’d get in a pub! 🙂

I’ve now done 8 different beer kits and one cider kit. I had originally been planning to brew (and document) 10 different kits and then just reverting to brewing my favourites.

However, there are so many different kits out there, I may just keep going and trying new ones that catch my eye and picking up old favourites when I see them on offer.

Brewing as a Business

I can see me continuing with my brewing hobby and probably doing more of it when I no longer need to work.

Friends and colleagues have suggested that I should perhaps look into brewing as a proper business in the future (eg a microbrewery), but I’d rather not convert a hobby into a job.

Whilst it would be nice to earn money from a hobby, I just think that having deadlines and customer expectations would suck all the joy out of it. I’m happy just doing it for fun and sharing some of the fruits of my labour. My friends and colleagues are happy with the free beers they get off me but I reckon they might be a tad fussier if they had to pay!

I’ll leave the experts to rake in the profits that way!

I’ve promised a friend that I’ll do a cherry beer next – not something I would normally drink but I’ll give it a go in the next month or so.

Anyway, cheers!

2018 Goals + Bingo

Happy New Year to you all!

For those who work, I don’t know about you but this felt like the longest week ever in the office!

I have no idea what this year will bring but just hope that it will be interesting (bubbles and market corrections? Bring ’em on!), with a lot of good stuff and laughs in between! Oh and with me (and you) continuing to head in the right direction with our finances (bubbles and market corrections notwithstanding!)

Anyway, back to the main topic…Goals!

I only set a few goals last year and the focus on just those few worked well for me with little room for distraction so I’m going to do something similar exactly the same for 2018.

So without further ado, here they are:

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My New Hobby, plus Home Brew #8

As mentioned in my post about 2017 goals, I’d got it into my head that I didn’t want to wait until I was retired before doing something I’ve always fancied doing – that of learning to play a musical instrument!

With my mind made up, I struggled to think of what instrument that someone like me (ie non-musical) could easily learn, which didn’t require formal/expensive lessons. Fortunately, I mentioned my dilemma to my sister who announced that coincidentally, she had just started to learn to play an instrument….

So, that’s how I came to buy a ukulele!

Yes, it’s like a little guitar!

TFS wasn’t too far off when he suggested a banjo in the comments, in that it is a stringed instrument!

For those who don’t know (which included me, before I bought it), a ukulele does resemble a small guitar, except it’s got just 4 strings, not 6 like a guitar. The version I bought is a Concert ukulele.

How Will I Learn?

YouTube will be my teacher – there are loads of free ukulele lessons online. Thus far, I’ve just been learning a few chords and how to strum – I’m just sooooo happy that something sounding vaguely like a tune is being produced! Wow, who knew I had it in me – I certainly didn’t! 🙂

Now, I’m not aiming to be an expert or to be able to perform in public. I’m finding it both fun and relaxing just picking it up and practising for a few minutes at a time. My fingers hurt a little but callouses are already starting to develop.

The total cost of this new hobby was around £60, including case and tuner – I’m very glad I decided to go for it!

Another Home Brew Success

Home Brewing was a new hobby which I took up back in September 2014 – like any good hobby, it’s still going strong and I still get a kick out of brewing my own beer!

However, my last home brew update was back in April as my brewing timetable was interrupted due to having family staying for most of the summer.  I was able to resume at the end of October, although the brew wasn’t really ready until last month.

So the kit I made this time was Milestone’s Black Pearl Stout – yes, I’m partial to a bit of Guinness and wondered if I could do a fair imitation of a decent stout!

The kit produced 42 bottles (21 litres/36 pints) and was free – it was a birthday present.  As I spent £5 on a new tin opener (to open the big cans of malt), the cost of these beers work out at £0.12 per bottle or £0.14 a pint! Not just happy hour, happy days! 🙂

Alcohol strength just under 4%, obviously it’s not a patch on Guinness but..it’s got a good ‘stouty’ flavour and the most important thing of all, it pours with a decent frothy head! I’d notch that as a success, plus my friends and ex-colleagues like it too!

I’ve now done 7 different beer kits and one cider kit. I had originally been planning to brew (and document) 10 different kits and then just reverting to brewing my favourites.

However, there are so many different kits out there, I may just keep going and trying new ones that catch my eye and picking up old favourites when I see them on offer.

Alcohol Budget

Whilst not a specific goal of mine, but as mentioned in a comment I posted on FireinLondon’s post about his spending on alcohol, I’m going to try to reduce my ‘Alcohol At Home’ budget to zero this year…

No, I’m not turning teetotal – this is just to stop me spending money on alcohol for home consumption. This should encourage me to continue brewing my own and it helps that I received 3 homebrew kits for Christmas!

I should also drink the stuff that’s in the house already, which at the last count included 3 large bottles of gin (leaving gifts), plus various other (unopened) bottles of both spirits and wine.

Barring an outrageous alcohol problem, this should all last me a while (not just til end of Feb, FiL haha) – even though I’m not working, I’m still keeping to my not drinking on ‘school nights’, as I don’t want to descend into bad habits!

Anyway, have a great weekend all!